Russia: Experts assessed the effect of restricting seafood imports from Japan

Published 2023년 10월 18일

Tridge summary

Despite a promise from Rosrybolovstvo to increase production of red caviar, retailers are warning that prices will still rise by 15 percent. Market analysts suggest that sellers deliberately withhold goods in order to create hype and inflate prices. As of October, over 600 thousand tons of salmon fish have been caught in Russia's Far East, making it the second highest annual volume in history. Caviar production is expected to reach 24 thousand tons by the end of this year, nearly three times more than the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

However, Rosrybolovstvo promised to fill the shelves with its red caviar this year. Its production has tripled compared to last year. But here’s the paradox: retailers claim that prices will rise by 15 percent. Around the new year. Market analysts claim that sellers deliberately hold back goods in order to later display them on the wave of hype. “Unscrupulous sellers often take advantage of this and inflate the price of goods. Therefore, the advice for those who want to buy red caviar is better to do it in advance or look for stores that do not raise prices,” said Alexander Fomin, executive director of the Association of Industrial and Trade Enterprises of the Fish Market. For reference: by the beginning of October, more than 600 thousand tons ...
Source: Fishretail

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